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Subscribe to our newsletter Recent updates Update April 12: Intrepid Studios founder Steven Sharif has provided the following statement in response to the latest allegations from YouTuber NefasQS: "NefasQS has been fed false and defamatory information by individuals with an axe to grind, in an effort to litigate this dispute in the public domain alongside our lawsuit already pending in federal court.

Rather than verify those claims, he has chosen to repeat them, acting as a mouthpiece to advance a narrative that drives clicks and views, with disregard for basic journalistic standards.

The selective presentation of information is intentional and serves to create a false narrative.As to the broader claims:- There was no misappropriation of Kickstarter funds whatsoever.

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- The project has been funded over many years through a combination of sources, including substantial personal capital.

- Assertions regarding “lavish lifestyle” or personal misuse of company funds are categorically false ## Editor's Note The implications of this news could be significant for the industry. Source: [PC Gamer](https://www.pcgamer.com/games/mmo/defunct-mmo-studio-founder-allegedly-spent-kickstarter-funds-on-private-chefs-antiques-and-tcgs/)